DAILY SHARE QUOTATIONS
HONG KONG STOCK
EXCHANGE.
SHAREBROKERS ASSOCIATION.
FRIDAY.
Buyer Bollers
Balon
Buyers
Balleri
OCT. 7.
£113
Banks
H.K. Banks
$1,00%
Do. (London).......
***
£14
Chartered Banks
£231
Moresatile Bks.
Do.
"C'
$2}
홍오산
Am. O, Fin.Corp!
M
#6
$4,00
Underwriters
.....$.05
$2,93 BLOS
$900
Bank of East Asia.. 8108
N. U. & S. Barks ..
China Fin. Corp: Ord. Do. Pref.
Infpranose
$1,375 Canton Insurances.
8.81
Union Insurances .......
Chins Fires*** $870
H.K. Fires
International Assco..
shipping
Douglas
Steamboats
Indos (prof.)...
Do. (ef)
Shelle
Water-hoata
90 eta
620
14.05
#931
$40
232
BIL
1.4
++
$1,605
201 Bal
$310
HONG
KONG DAILY PRESS, SATURDAY, OCTOBER 8, 1932.
MONEY AND MARKETS
HONG KONG STOCK MARKET
WEEKLY REPORT.
On the whole, markets have been
NEW YORK STOCK EXCHANGE
A.O,F.C. QUOTATIONS
New York, October
Oct Oct.
5.
somewhat patchy in the past week, Dow Jones Averages:- displaying Armness for a day or
2.0. Change. two only to be followed by an easier tendency. Closing rates, 30 Industrials 00.07 60.38 .91 up
.20 down ...... 29.61 20.31 however, are about the same as at 20 Rails the opening on Monday, after be20 Utilitica... 20.60 20,62 .03 up |81,410 | ing higher in the interval.m
Hemti. X. A. Pierça and Co. Report, Support came into the market to day, is a level which was regarded as being somewhat critical, and with sufficient volume to steady the whole list. The market, however, is still in no uncertain "state, with a likelihood of it least one more selling test.
Just at the close, there are in- dications of a slightly better feel. 1 $1,20ing..
BUSINESS DONE DURING THE
WEEK.
Union Insurances, 8310, 8512).
-8513, 8010.
Douglases, 8214.
Hong Kong Steamboats, $93). H.K. and K. Wharves, 8146),
$146.
Providents (Old), 85.
Star Forries, 2011.
Yaumati Ferries (New), $344.
Business done; 1,000,000 shares. Dividend
Last Sale. Oct. Oct,
6.
1219 $23)
65/
80/
04/-
Mining
318
$2.91 Venat
Gold Fld
$130,
27/6
Kailas
15/.
H.K. Hotels (Old), 812,
Per Share.
$12.30, $12.20, 812.
$12.83.00 Air Reduction... 854)
5.
854)
(single)...)
1.4
18.10
T30 Shanghai Loan
T.
II.K. Realtics, $10, 80.80, 89.90
$10.
8.00 Allied Chemient
& Dye
75%
76
$401
16.7
Hong Kong Tramways, 822.30,
$22.
4.00 American Can.. 507 0.00 American Tele-
51
China
Lights (Old), $18.30,
$146
$17.00,
Hong Kong Electrics. 877.
graph & Telo- phono
........... 107 3.00 American To-
bacco "B".. 743 Anaconda Cop
74
Telephones (New), 898).
per Mining...
108
104
Cements (Combined),
814.80,
4.90 Aubur
48
472
310
$14.85.
$10
1.90
Hong Kong Ropes,
13).
2.00 Borden Co.
Canadian
LY JA
201
281
T.01
Dairy Faries. 8271, 827.00, $28,
Pacific 151
Watsons (New). 811.80.
1.00 Chrysler Motors 18
15%
Ewo Cottons, Tls. 14 Tls. 14.70.
4.00
Co.us o lidated
CHANGES (3.15 p:m.) CLOSING
Gas of New York
57
581
QUOTATIONS,
4.00
Drugs, Inc, ...... 2,00 Du Pont de
Nemours. 30) 3.00 Enstman Kodak 511 0.40 General Electric 103 2.00 General Foods.. 29
37
33
37
52 101
201
15A 172
$2.29
$1456 $4.90
++
120
$10
18
TE
1,0
T.86
19
(new)...
H.K. & W. Docks
*#6
Troach Minos.
Benguet Explorations Docks, WharVOR,
Godowns, eto.
HI.K. & K. Wharves.
Providents (old) ... $6.85 | $1.06
Do.
S. Chins Motors' A'
DB.,
Shanghai Decks...
New Engineerings
1.980 Hongkewa
Lands, Hotels, and
Buildings
H.K. Hotela (old)
Do.
B.K. Lands
$12.30 $12.3n!
3117
་་་
ייני
$22 10 Tramwaya ....................
Peak Trams (old)...
Do. (new)...! Star Ferries
Yannati Ferries(old)| $35
Do.
China Lights (old) ... $17.80)
***** $763
$2,20
$15.05
$30
13:1
(Dow, $34
$18
$171
Do.
(new)...
$756
H.K. Electrica
124
$12
Sandakan Lights...
120
328
(now)
7.0
2'.
14
Do. (pref.).
$974
Malabon Sugara ...
120
7.14
Caidback, Lord.)
Canton Ico
T104 Hargregors prof.)
Buyers.
Hong Kong Bank. $1,810," H.K. Hotels (Old), 812.15, Hong Kong Lands, $78.- Hong Kong Tramways, #22.10. Star Ferries, 801). Ewo Cottons. T. 14.60.
Sales,
1.00 General Motors 15 1.00 Gillette Bafety, 17] 1.20 International
.
88 11 18
by living a nanopoly of trade.”
Ile thought that a United States of Europe would be forced, in dus. course by economic pressure.
Russia's Riches.
Russia, an extremely rich coun-
WORLD TRADE IN 50 try, was a huge area managed in
YEARS
LORD MELCHETT'S
FORECAST OF BIG
FEDERATIONS
BRITISH EMPIRE FOREMOST
Lord Mélchett addressed the stu- dents at the Bonar Law College, Ashridge, Hertfordshire, and pic tured the world half a century hence as being divided into huge economic anits.
The title of his lecture was to have bren "Internationalism in Big Business.", but, said Lond Melchott, Internationalism had nearly disappeared and big busi ness hail almost vanished. The trend of scientific dustrial knowledge, he said, had been to make countries Far more able to support themselves than they used to be in the past.
and in-
"I think that, when history comes to be written `n long way 1071 ahead, the period through which
we are passing will be locked upon as the time when the industrial world started up in a very full era, with this country lending by a long way, and then aprenil throughout the world. We are now at this moment seeing the begin 15ning of the spread.
Self-Supporting...
un odd art of way, with a politi cul system which seemed very hard to work, and with an extremely incompetent population,
One wonderful whether the two would be brought together. If I they did they would force a great problem on the world and force different countries to economic units
"What is going to happen in the next 50 years, with this country becoming more self-supporting and more able to manufacture than in the past?
"I do not think that it will mean in the long run a decline in international trade, because it will be found that it will be far more. économical for certain countries to exchange things. You will find a 248 tendency to large territoria: divi- sions; to try to carve the world up into large self-supporting units. largo economic units which have. the raw materials and the right type of population.
There will be a very free ex change of patents and procEKKES and inventions. No country has a People monopoly of invention.
come into
Lord Melchett also visualised a Far Eastern federation, but the greatest of all units, he declared, would be the British Empire. It had practically everything that man desired.
AT THE
AMERICAN ORIENTAL FINANCE CORPORATION
through its Agent
Asia Lands Limited
Gloucester Building
offers a COMPLETE IFCFFRAGE. ***
SERVICE
in
NEW YORK STOCKS Full and Odl Lot, at listed Securities bought and sold for cash or carried on conservative margin,
Phone 26180. Omblo: ABIALANDS
Peninsula Hotel
SUNDAY, 9th October, 1932
Commencing at 8.45 pm.
Programme
1. OVIRTUK...
PART I
Bohemian-Girl
Auber
2. LUNA WALTZ .................
Paulin
3. SERENATAL Harconio
4. BALLET SUITE....
Motil.
INTERVAL
PART 11.
SYMPHONIC
CONCERT 1. OVERTURE... Fra Diato'o duber
2. WALTE.....Love's Dream after the Dall
Cribulka
8. SELECTION... Rigoletta (Opera Dramatiqno) ...Ferdi
4. XYLOPHON SALECTIOMA Dy Badan Iwai
Sarasalo
Stobbe, -
(4) Gypay Aira „sterrause
(3) The Mocking Bird.............................
1. CATATINA
2. GONDOLIER
INTERVAL
PART III
Raj Moskowsky
Qricj
Ziast.
8. NORWEGIAN DANCES, Nos, 2 & 3...........
4. EXCOND Hungarian RhaFSOUT
The
Hongkong & Shanghai Hotels, Ltd.
ROYAL OBSERVATORY'S DAILY WEATHER REPORT.
OCTOBER 6, 1932,
BABONNIER
AT A LETRZ
OCTOBER 7, 1932.
(new)
$12.36) #12.30
11.70
$701
T.23
Shanghai Lands
T.10
"Metropolitan Lands..
$10
H.E. Realties.........) $9.00
$10
T11.40
China Do
1.900
Do. Debentu os
216
Humphreys
$15.80
$140
Asia Realtios "A"M
$28
Do.
""M
$100
Chinese Estates Love
Union Insurances, $510,
Harvester 241 International
Cotton Milla
T141
Ewos
T14.41
H.K. Hotels (Old).. $12.20/121. · Hong Kong Tramways, 822.
Tel. & Tel. 10
It
Shui Cotton...apache.
7.66
Star Ferrien, 8015.
4.00 Liggett & Myers
"B"
821
62)
Till
Zoong Sings .......
.i.
30:
209
B146
Wing On Tortiles(8.)
$140
Public Utilities
Ward 133
13
321.90
#151
2.80 National Bisquit 39
30
$72
2.00 Pacific Gas &
1
Electric:...... 28]
29
Ponna ylvania
Railway
101
17
Radio Corpora-
will And that it is best to have rapid progress in the world rather than delay, and a small accretion of money which is likely to be had
tion ............
82
'
Sears Roebuck.. 214
210
Do
Macao do!
Colophones (ald).....
China Buses
Tractions ...........
Industriala
$:2
1871
of New Jersey 201 0.80 Socony-Vacuum
201
Corp. .....
09
a.
1.20 Union Carbide
BALOKETIN
0.00
& Carbon ...... 201 Union Pacific... 67
States United
20
WIND
671
STAT ON
Steel 391
lache
Mill
VIRKELIFT
Dizee-
AT GEA LEVEL
fuchas
1999 m.
ZEMPERATURE
У
ม
Westinghouse E..
16
$13.10 Cements (comb.)...
Du. (old)...
& M.
32
321
Electric Bond &
Share
28)
es..
$134
$10
$971
$28
$17
13
$6.70
$1.40
8/1
$16.40
$12
Do.
Wladivostook... Nemuro
12 11
30.70767.0 50
29,76 | 766,0
(now)...}
$3.36
$10
*1'3.35
.63"); prem.) 417.
$11.40
$10
China Sporta Ltd.... H.K. Wing On...... S'hai Do
3235 #15
Rope
Uh: Agriculture
MiscellaneouLI
Dairy Farra.....
Der A Wings
Amusements*** Ch. Etainments...... Constructions, (old)]
Do.
(now)
#27.99
Lane Crawfords.... h}
Mackintoshe
Sinceros
Watsons (old)
$14.80 DO. (new)......
Wm. Powells.
M. Greyhounds......
5. C. Enterprises...
United Thestres.
B.Ted. G. Bonda...
H., Gort, Los...
Wallace Harper
13
3.2.10
Hakodate
29.78 756.6
:
Folio Kochi
19.90 759.5
БЕ NNW 1 WNW 2
29.90 761.0
0
80.02 762.5
N
2
8012762.6 89 30 07 762.5 29.98.761.5 30 06 783 5 80,001-762 0 8,04 768 0
83W
NKW 1 WSW
NE
$18
$1.3
$1.45
Kagoshima
80.00 762.0
VNW
80.02 762.5
NW
29.90 761.0
4)
J
NNK
29.92 7600
NNE
29.92 760.0 (~.....
NNE
ફ
29.92 700:0
NNE
NNE
29 92 760,6.
NNE
...
NE
29 78 786.5
29.97 701,21 83
SW
KARAKA
Nanyang Tobsecu... 34
$1.75
513 3124 33:30
321
$104
st
2 b
30,12 78.01 SH 30.16 766.1 88
4
ESK
NNW
30.04763.0 71- 30,02 762.5 #1 90.07 763.8) 64 30.03 762.7 79
30,04 789.0 69
30.02 762.5 70
0
N
CHOR v do 12 at ONNA 104
0
1
8
N
E
1 be
20.01 782.3 61
29 97 761.8 81
N
29.98 781.4 63
29.95 76.7 83
W
2 b
29.94 780 4 79 29 97 701.2 79
NE
4
NE
6
29.93 760.8 65 29.98 760.1 24 29.95 760.6 741
NE
+
NNE
4
29.05 760.777 29.95 700.7| 79. 29.94 760.6'78
ESE
D
29.97 781 75
E
ENE
29.98 760.2 79
ENE
6
29.94 760.42
E
NE
WEEK DAYS,
FOR
·Faou- .0.1.0.
FROX SHEUNGWAN Baaron P.O.
„FROM. G.P,0,
FLOX
BRAMOLE P.Q.
Cantop
$ 7.18 m.m. & § 200 ULOZ.. 17.00 pm. † 6.00 p. 10,
1.00 1,00
§ 7.15 am, & ƒ 3,00m
(5.00p.m.
17.00
P
Macho & Tinstan
Xongmoon (except Baturdays)] Kaukong (ei copt faturdays). Fatsbad and Wochow (By
Train)
$7.15 am, à 1 7.84) RU 1.1.15 p.m.
11.30 p.m.
5.00 p.m. &,00 y.m.
400 put
[B.18
1.18 pm Sunday. ~ |B.15 min. -
only 8.00 patte
& 890 autu #
6.00 pm.
6,00
17.15.a.m.
1.00 pm
7.16 mm.
Thi
Tal For
N
7
S3W
В
NE
be
Aparri .... Tuguegarao
Manila Legaspi Calboyog Taolohan
Dilo
Coebu
Surigao
Baipan,
Stockholm
10.47
Ghata
Copenhagen ******
10.97
Упр
Oslo
19.85
Folor ca ATM.
Prague
110
Labuan
#60
235
110
Nominal. 30 1/6 11/04 1/9 3/38
1/6,17,18 1711/18
580
VINNÉ 4
0
B WNW
2
29.98 760.2 76 29.06 781.0 70 29.90 759.5,78 29.89 759.1 27 29. B 759.1 77 "2088|"758.9 |~78" 20,8% 7585 71 29.88 757.6 76
·29.85*758.2176
29.93 787.6 78 29.28 759.81 76
29.86 738.21.79
29.83 768.0 73
ENE 6
7 ENE
A
ཀྭ
0
*
K
1
&
NE
UNNE
1
8
LOCAL AND REGULAR OUTWARD MAILS,
Bambul and Wuchow (By} 4.00p.m.
dirood stemner)
Shrimchun
Cheungchof
Aberdeen
Ewe Cottons. .Tls, 14.70,
.Nominal. Hong Kong Realtica, 10.
CANNED VEGETABLES
INCREASE IN HOME PRODUCTION
"The Demand for Canned Vege-
tables" is the title of the latest
3.00 Locw's Inc.
Montgomery
report by the Satistics and In- 1.00 Standard Oil Co.
telligence Branch of the Empire Marketing Board (Stationery Office, 1s. net). It reveals a growing market in the United Kingdom and indicates that there is a largo field for hoine and Empire enter- prive.
Approximately 1,000,000 wt. of anned or battled vegetable (more than half of them canned toma- 94.80toes) are imported annually, near 0%
ly all from Europe, states the re- port. In 1930 Italy accounted for 03 per cent of the imports, Spain for 20 per cent., and France for 8 ner cent. The home production is rising rapidly, and for the last year for which a definite figure ena be given (1020) was 230,000cwt. Baked beans, tomatoes, and peas are the three principal vegetables. The bean, most commonly used for canning is grown in Japan, but a very large part of the stocks of was ennned in the canned beans United Kingdom, the remainder coming from the United States of America and Canada
8.--Stock. dividend.
GROUPING OF U.S. RAILWAYS
BENEFITS OF NEW PLAN
A new ega for American rail- ways is anticipated as an eventual result of the fater-State Coinmerce Commission's decision to permit 200 Eastern railway companies, with approximately 54,000 miles of track, to consolidate into four huge
Other consolida- systems. tions will be authorised later for Western and Southern lines.
The canned pra trade is of very recent growth. There is an. in creasing demand both for 'canned Eventually 250,000 miles of 'rait- fresh peas and for the bone can- ways, valued at £5,000,000,000, will ned processed pon, which is pre- be consolidated into the twenty pared from the dried pea. Im units considered poccssary by the ported canned peas come from Bel- railway authorities for carrying giam, the United States, Italy, out now economies, By these means France, Canada, and. Holland, it is hoped to restore the former Helgium and the United States prosperity of American railways. loading the trade. Nearly all can- The control of the Eastern lines ned tomatoes conic from Italy aris given to the New York Central, SUNDAYS & HOLIDAYS Spain, but the United States havn the Pennsylvania, the Baltimore
Ohio, and Tome footing in the market
the Chesapeake and The Marketing Board conducted Ohio railwaya. The decision, in SUNGAIts inquiry in four areas, London, effect, legalises groupings already
Birmingham, Liverpool, and the accomplished for all practical pur Newcastle district. Baked beansposes, and adds to them. have the largest sales in all, the
investigated, except Bir mingham, where tomatoes take first place. On the North-East Coast the sales of tomatoes are also high, owing to their popularity in min bankruptcy, and have reduced the ing districts. In London the pea earnings of others to an alarming trade iq nearly double the tomata | degrees a mea
€9,00 1.m, &
18.00p.m.
0,00 m., & 800. 31.00p.m 18:00 p.us. 8.00 E
11.00
9.00.
11.00
$11.00 in
i & 5,00 p.m.)
8.00
مالية 0,00 .
1.80 Sundays 14.801.m Lonly
8.00 pa
предь
trade, and asparagus and other
canned vegetables find their best market in London.
LONDON EXCHANGE
RATES
(BRITISH WINKLEAP SERVICE]
“Brussels
Paris-
Now York
Stanley
∙13.80 pane
11.004
Montreal
-Antan
Pingthan. Bratih ---Shatin,”
Statanköy and Sheung-
8.00 pm.
4.90 p.
10,80 m
16.30
7:00 pm
·Balling ***
Geneva
Milan
Rugby, October. G.
88-1/18
3:451
***** 3.801.
24.87
17.801
*****
67 5/18 14,17/38 8.60
Berlin Amsterdam (løntinued at foot of nest column.)
Nagasaki
Oshima Naha Ishigakijima Bonin Island Chefoo Shanghai Gutzlaff Wenchow...... Foochow... Amoy..... Swatow Taiboku Talchu Tinao... Koshun Pescadores... Hong Kong Gap Rock ... Macho...**.** Hoihow Pratas Island Phaliea Tourne... Cape St James. -Barco
Vigan The general business depression, combined with uneconomic methods of operation and competition from road and water transport, have forced many smaller railways into
Athens Helsingfors
Belgrade Madrid
* diabon
Buenos Aires.
Montevideo...
Bonbay tr
Hong trong
Yokohama
Silver (Spot) Silver (Forward)
Vienna
Bucharest
29.98 71.5 29.78 756.5 29.99 761 8 74 80.09 761.5 77 80.15 765.87€
28.92 760.0 81 20.05-7606 77 29.87 718.775 29.82757483 29.85 758,2 84 29.82 757.8) 81 29.78 760.83 -29.70.755.0 26 20.78 758,3 91 20.74785.4 91 29.77 758.1 86 99.76 756088. 29.78756.3 26 29.76 780.0 39 29.76 705.889
11,66 ∙12.22 29.76) 755.8
11.00
29.86 758.4 86-
8 NNW 8 NNW * NNW
8 Е 2 6 NNE
8 "W. €
NE
W 8
NW
29.83 707.6
29.82.757.8, 76
NE
4:2 29.80 756.8
29.80 759.3
-29.91 769.7 72 4 SW
C
October 7d, 104. 0m.The anticyclono hen extended eastwards, to Japan. Moderate moonsoon will prevail -over-the-northern Chins Bea...
Hong Kong rainfall for the 24 hours ending at 10 am, to-day, 0.00 Insh. Total in January 1, 07:28 inches, against an average of 77.66 inches.
FORECAST FOR THE 24 HOURS ENDING AT NOON ON OCTOBER 8.
Shanghai to Túrasbout, men
bott to Hong Kong
ng to Gap Rock
Kong to Hain Straits
North China Sea
FORECAST.
Light variable windi.
winds, moderate
e; fair.
JEFFRIES,